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Birla Corporation surges on resuming cement production at Durgapur Cement Units

24 Oct 2013

Birla Corporation is currently trading at Rs 215.65, up by 0.70 points or 0.33% from its previous closing of Rs 214.95 on the BSE.

The scrip opened at Rs 211.65 and has touched a high and low of Rs 217.00 and Rs 211.65 respectively. So far 216 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 341.80 on 02-Jan-2013 and a 52 week low of Rs 191.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs 220.65 and Rs 207.20 respectively. The current market cap of the company is Rs 1660.62 crore.

The promoters holding in the company stood at 62.90% while Institutions and Non-Institutions held 20.79% and 16.32% respectively.

Birla Corporation has resumed the cement production at Durgapur Cement Units following the restoration of power supply by Damodar Valley Corporation on October 22, 2013. The Durgapur Cement Units operations have been affected on account of severe ‘Tornado’ on October 13, 2013, which damaged local High Tension line and pole structure.

Birla Corporation operates four division cement, jute, vinoleum and auto trim. It has eight manufacturing facilities located in Pune, Rajasthan, West Bengal, Gurgoan, Uttar Pradesh and Madhya Pradesh.

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Birla Corporation Share Price

1384.70 -21.10 (-1.50%) Oct 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323